How can I protect my money from the stock market?
If you’re wondering if and how the stock market affects your policy, the answer is simple. It doesn’t!
This is so relevant right now. Something that’s on all our minds is when (not if) the stock market is going to crash. And when it does, it’s important for your money to be protected and secure.
Let’s have a little history lesson about the Great Depression and Walt Disney.
You may be wondering how on Earth those two things are related. But hear me out. Walt Disney started Walt Disney Productions in 1929 using funds from his whole life policy during the Great Depression. But he’s not the only one. The question is, why? Why would Walt Disney, J.C. Penney, Sears, and any other company or individual borrow money from their whole life insurance policy during a depressionary or recessionary period?
It’s because the money inside their whole life insurance policies was not affected by stock market drops. And if you think about the stock market drop during the Great Depression, that’s one of the worst we’ve seen. Most people lost everything. That is, most people except those who kept their money and their wealth inside these whole life policies.
These policies are guaranteed, tried, and tested against the stock market.
The stock market has no effect on your cash value. We’ve got proof! Isn’t it time you started protecting your money for what may be coming next? In my experience, it’s best to learn from the people who’ve done it successfully. So my advice would be to take a page out of Walt Disney’s book and get your money into a whole life policy so you won’t lose it when something major happens in the stock market.